16,532% growth in just 37 days! A new star in the crypto world!MYX Finance: Understanding the Crypto Star that Soared Over 16,000%
BINANCE:MYXUSDT.P
In the fast-moving world of cryptocurrency, stories of incredible growth often capture our imagination. Recently, a new star has emerged, producing a truly breathtaking performance. In just 37 days, the MYX Finance token (MYX) experienced a massive price increase of over 16,532%. This kind of rocket launch makes everyone ask two simple questions: What is MYX Finance, and how did its price rise so fast?
This article is your guide to understanding this exciting story. We will explore what makes MYX Finance a special project in the crypto universe. Then, we will uncover the key reasons behind its recent, explosive growth. This is more than just a story about numbers; it’s a look into the innovation and energy that makes the world of digital finance so exciting.
Part 1: What is MYX Finance? A Simple Guide to a Powerful Platform
Before we understand why MYX grew so quickly, we first need to understand what it is. At its heart, MYX Finance is a new type of crypto trading platform designed to be powerful, fair, and easy for everyone to use.
The Best of Both Worlds - A New Kind of Crypto Market
In the crypto world, there are two main types of exchanges. Centralized Exchanges (CEXs) are like big, traditional banks. They are fast and easy to use, but you have to trust them to hold your money safely. Decentralized Exchanges (DEXs) are more like a community market. You always control your own money, but they can sometimes be slower and more complicated. MYX Finance combines the best features of both. It’s a DEX, so you always have control of your funds, but it’s designed to be as fast and easy to use as a CEX. It achieves this with a special system that lets trades happen instantly and with a feature they call “zero-slippage.”
The Magic of "Zero-Slippage"
Imagine you want to buy a crypto token for $100. On many platforms, by the time your order is processed, the price might have changed to $101. That $1 difference is called “slippage.” It can be very frustrating for traders. MYX Finance has built a system to eliminate this problem. Zero-slippage means the price you see when you click “buy” is the exact price you get. This makes trading fairer and more predictable, which is a huge advantage for traders of all levels.
More Than Just Trading - A Multi-Chain Universe
MYX isn't limited to just one blockchain. It operates across more than 20 different chains, including popular ones like Ethereum, BNB Chain, and Arbitrum. This means users can trade a huge variety of tokens without having to move their funds between different platforms, saving them time and money.
Part 2: The Perfect Storm: Four Key Catalysts for Explosive Growth
A 16,532% price increase doesn't happen by accident. It takes a “perfect storm” of technology, timing, and community excitement. For MYX, four main factors came together to create this incredible rally.
Excitement for the V2 Upgrade: Before the big price surge, there was a lot of positive talk in the MYX community about a major platform upgrade called V2. This upgrade promised to make the platform even better, faster, and more powerful, creating a strong foundation of positive sentiment.
Major Exchange Listings: The real explosion began when the MYX token was listed on popular crypto exchanges, especially Binance Alpha. This exposed the token to millions of new potential buyers. In one day, trading volume surged by 710%, reaching an incredible $354 million.
The "Short Squeeze": When the price started to rise, traders who had bet against the token (shorting) were forced to buy it back to cover their losses. This created a rapid buying frenzy called a “short squeeze.” In just 24 hours, over $14.6 million in these short positions were liquidated, adding even more fuel to the rally.
Industry Recognition and Awards: Finally, MYX Finance received a prestigious award from the BNB Chain, one of the biggest networks in crypto. They were named a “Volume Powerhouse,” which served as a powerful endorsement and gave new buyers more confidence in the project.
Part 3: The Big Picture - Why This Matters for Crypto
The story of MYX Finance is more than just one token's success; it shows us some important trends in the world of crypto.
Innovation Matters: MYX didn’t just grow because of hype; it grew because it offers a genuinely better trading experience with its zero-slippage feature. This shows that projects with strong technology can achieve incredible things.
The Power of Community: The excitement and support from the MYX community played a huge role in its success. In decentralized finance, a strong community is one of the most valuable assets a project can have.
Opportunity Still Exists: It reminds us that the crypto market is still young and full of opportunity. While there are always risks, stories like MYX show that there is still massive potential for growth.
Conclusion: Your Adventure in the World of Crypto Begins
The incredible 37-day journey of MYX Finance is a powerful reminder of how dynamic and exciting the world of digital assets can be. We’ve seen how a project with innovative technology, strong community support, and perfect timing can capture the attention of the entire market.
As the Founder of ForecastCity and the creator of the 4CastMachine AI software, my mission is to help traders navigate this exciting market with better tools and insights. The crypto world is full of opportunities like this one. To stay ahead of the curve and continue your learning journey, make sure to follow me! Let's explore the future of finance together.
Frequently Asked Questions (FAQs)
What is MYX Finance in one sentence?
MYX Finance is a next-generation decentralized exchange (DEX) that makes trading crypto fast, easy, and fair by offering zero-slippage trading across more than 20 different blockchains.
What does "zero-slippage" mean?
It means the price you see when you make a trade is the exact price you get, which prevents you from losing money to sudden price changes during your transaction.
Why did the MYX token price rise so fast?
It was a "perfect storm" of four main factors: excitement for a major platform upgrade (V2), listings on popular exchanges like Binance, a "short squeeze" that forced rapid buying, and a prestigious award from BNB Chain that boosted confidence.
Is MYX a good investment?
Like all cryptocurrencies, MYX is a high-risk, high-reward asset. Its recent performance has been incredible, but the market is very volatile. This article is for educational purposes, and you should always do your own research (DYOR) and assess your personal risk tolerance before investing.
For ongoing analysis and to discover more exciting projects in the crypto space, don't forget to follow me!
Trade Smart!
Navid Jafarian
Cryptos
NVDA 2HourTime frameNVDA 2-Hour Snapshot
Current Price: $170.76 USD
Previous Close: $168.31 USD
Day Range: $166.74 – $170.97 USD
52-Week Range: $139.34 – $200.00 USD
Volume: 170,370,750
VWAP: $169.67 USD
Market Cap: $1.1 Trillion
🔎 Technical Indicators
Relative Strength Index (RSI): 39.44 — Neutral
Moving Averages:
5-period: $169.68 — Sell
10-period: $174.59 — Sell
20-period: $177.06 — Sell
50-period: $172.58 — Sell
100-period: $150.61 — Buy
200-period: $139.34 — Buy
Moving Average Convergence Divergence (MACD): -0.91 — Buy
Stochastic Oscillator: 20.33 — Neutral
Commodity Channel Index (CCI): -119.52 — Buy
Average True Range (ATR): 4.93
📈 Market Sentiment
Pivot Points:
Resistance: $175.00 USD
Support: $165.00 USD
📅 Outlook
Bullish Scenario: A breakout above $175.00 USD could signal a move toward $185.00 USD.
Bearish Scenario: A drop below $165.00 USD may lead to further downside.
Overall Bias: Neutral, with mixed signals from moving averages and momentum indicators.
Bitcoin's Tumble: How Deep Does the Rabbit Hole Go?This isn't just a correction; it's a journey down the rabbit hole. The recent "fake" ATH was a calculated move by the whales to engineer a deep pullback. This analysis maps out the key levels in this rabbit hole where Alice—and Bitcoin—might finally find the bottom and begin the climb to a new Wonderland.
After updating its ATH on August 14th, Bitcoin did not continue its global uptrend. It was merely a liquidity sweep of the previous ATH, which confirmed the formation of a large range on the weekly and daily structures. In essence, this new ATH was a deviation above the range, after which the asset began a sharp markdown, collecting all the internal liquidity.
Most likely, the recent ATH was not the final one in this global bull cycle for Bitcoin because a proper, definitive high that would look like the start of a bear cycle was not established. Instead, it was achieved through a manipulation aimed at engineering a correction for the instrument down to key institutional levels.
Three Potential Long Scenarios
General Entry Conditions for All Scenarios:
Since these are levels from a global structure, a valid entry requires a clear reversal reaction and price finding acceptance above the respective Fib level . Confirmation of this may require waiting for 1-2 daily candles to close if the 1-4H candles do not immediately confirm the reversal.
SCENARIO 1 (Primary): The 50% Weekly Fib Level
This is the first corrective level from which a reversal is possible. A key confluence here is that reaching this level would be accompanied by a sweep of the external liquidity from the lower boundary of the range, as well as the mitigation of the upper boundary of the previous range, which could provide the necessary fuel for the next major impulse up. An added plus would be the price reaching the daily FVG that lies just below this level.
SCENARIO 2 (Deeper Correction): The 61.8% Weekly Fib Level
A break of the 50% level would mean that there wasn't enough liquidity and a deeper correction is needed. The next logical target would be the 61.8% level.
SCENARIO 3 (Final Defense): The 78.6% Weekly Fib Level
This is the last line of defense for the bullish structure. A reaction here would offer the most discounted entry to join the potential continuation of the bull run.
If the final retracement level is broken, the price will most likely attack the June 22nd low at 98200 . If the price finds acceptance below this level with daily/weekly candles, it would signal the end of the global bull cycle and the beginning of a bear market, but this is a distant and less probable perspective for now. I find it more probable that one of the three long scenarios will play out, and the price of Bitcoin will set a new, legitimate ATH.
Since the price is still inside the new large range—albeit near its lower boundary—reaching the first 50% global correction level may take some time and will likely happen next week. Whether this level can withstand the assault will determine if Bitcoin's fall continues, and just how deep Alice's rabbit hole truly is.
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The principles and conditions for forming the manipulation zones I show in this trade idea are detailed in my educational publication, which was chosen by TradingView for the "Editor's Picks" category and received a huge amount of positive feedback from this insightful trading community. To better understand the logic I've used here and the general principles of price movement in most markets from the perspective of institutional capital, I highly recommend checking out this guide if you haven't already. 👇
P.S. This is not a prediction of the exact price direction. It is a description of high-probability setups that become valid only if specific conditions are met when the price reaches the marked POI. If the conditions are not met, the setups are invalid. No setup has a 100% success rate, so if you decide to use this trade idea, always apply a stop-loss and proper risk management. Trade smart.
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Have a question or your own view on this idea? Share it in the comments. 💬
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The 5+1 Fears Every Investor Faces And How To Overcome themThe 5+1 Fears Every Investor Faces And How To Overcome them
Trading isn’t just about charts and numbers, it’s about handling emotions.
I would love to read about your fears in trading and how you are overcoming them.
I choose the 5 most common fears, some affected me a lot in the past and others not that much, but I know are all very common in the Traders community.
#1 Fear of Losing Money
The obvious one.
Every loss used to feel like failure . I’d hold trades too long, hoping they’d turn around while loses kept accumulating in the trade.
This is essential, is like understanding that the most important thing when you drive is avoiding a collision! If you have a big accident, you are out. The game is over.
Trading is the same, a big accident means you are out. Your account is wiped and you can’t do anything to reverse tha t.
To stay alive in the market , I learned to risk small (1–2% max), diversify across sectors, countries, tight stops, steady take profits and different trade directions. That way, even if I lose, I can move on without blowing up my account.
This is an example:
Today, If I do a Montecarlo simulation into my account the risk of losing a 25% is under 0,1%. You can learn how to do so in my profile newsletter.
#2 Fear of Missing Out (FOMO)
I used to chase breakouts just because everyone else was already in , usually at the worst possible price, on the worst possible day.
Now, if I miss the move, I simply let it go.
I remind myself there are countless stocks, currencies, metals, and cryptos out there waiting for me.
Why waste money on expired opportunities?
My rule is simple: it’s always better to miss a trade that’s already gone than to miss the next one that’s just around the corner.
So I keep searching.
#3 Fear of Being Wrong
This is my favorite !
Once I understood that t rading is about balancing wins and losses in a healthy way, everything changed.
Mistakes stopped feeling like failures and started to look like what they really are, necessary steps forward, even if you can’t see it in the moment.
For me, it’s just like sports : no basketball team wins a game without the rival scoring points. No football team wins a championship without losing some matches. No tennis player wins every single point.
So yes, you must make mistakes . They’re simply part of the process . The key is not to let them wipe out your account and trigger Fear #1.
#4 Fear of Overtrading / Freezing
This is an unknown fear for most traders. But must be a big one for you all.
If you trade so often, you are probably entering at tons of unnecessary trades which are undermining your returns, but if you never decide to trade you are missing big opportunities.
So having clear entry and exit reasons helped me a lot to hold a reasonable investment rithm.
#5 Fear of the next big crisis
The market is rallying … and that little voice kicks in: What if I’m the one who doesn’t see the crash coming? What if I get stuck in a bear market for years? Are we heading toward a crisis worse than 2009, or even 1929?
Trust me, that fear is more common than you think . You are not alone!!
In my case, trading short-term has given me the freedom to hold long-term positions without hesitation. In fact, I actually get excited when markets decline , it means I can move more money into long-term opportunities.
Right now, most of my portfolio is in short-term trades, some of which I’ve already shared with you here. The results? They’re fully transparent and published on my website (coming soon).
An example of short term trade even though knowing it was a super good long term entry.
#6 The Bonus: Fear of Success
Yes, this one is wild.
I was two years knowing exactly how to make money in the market , but somehow, I couldn’t succeed.
I kept sabotaging myself and my investments by doing stupid things outside my strategy.
You need to believe in yourself, and stay cold as ice. Avoid news, avoid gurus. You vs the market!
Follow your rules, and review them regularly. If a rule isn’t adding value, feel free to tweak or remove it, but never change nor break your rules in the middle of a trading day.
Day after day, you’ll start to realize that yes, it is possible to earn money in the market. Gradually, your confidence grows, and eventually, it feels effortless, like riding a bike on a sunny day. Pure joy.
Final Thoughts
Fear doesn’t disappear, but you can manage it.
Taking small risks, following clear rules, and accepting that you’ll never catch every market move may sound obvious, but they’re far from common among traders.
ADA – Cardano Swing Long IdeaADA – Cardano Swing Long Idea
📊 Market Sentiment
Market sentiment remains strongly bullish as the FED is expected to deliver a 0.25% rate cut, with speculation building for a possible 0.5% cut in September. Monetary policy shifts are being driven by both inflation trends and weakening labor market data. The latest August and September job reports were soft, signaling that the economy is cooling rapidly. This environment continues to fuel expectations for a major bullish run in the weeks ahead.
📈 Technical Analysis
Price found support on September 1st at the bullish HTF trendline and has been moving upward since.
Price is currently at the HTF Key Resistance level, showing accumulation rather than sharp rejection, with deviations pushing upward. This indicates strength and a bias toward higher prices.
📌 Game Plan
1)Watch for a daily close above the bearish trendline.
2)Look for the HTF Key Resistance to be broken and confirmed with a daily close above.
🎯 Setup Trigger
Entry after the retest of the HTF Key Resistance level ($0.885).
📋 Trade Management
Stoploss: Daily close below HTF Key Level ($0.85 area)
Targets:
TP1: $0.96
TP2: $1.02
💬 Like, follow, and comment if you find this setup valuable!
⚠️ Disclaimer: This content is for informational and educational purposes only and does not constitute financial, investment, or trading advice. Always do your own research before making any financial decisions.
ADANIPORTS 2Hour Time frameADANIPORTS 2-Hour Snapshot
Current Price: ₹1,388.90
Previous Close: ₹1,380.90
Day Range: ₹1,385.00 – ₹1,404.90
52-Week Range: ₹995.65 – ₹1,494.00
Volume: 2,553,605
VWAP: ₹1,392.82
Market Cap: ₹300,065 Cr
🔎 Technical Indicators
Relative Strength Index (RSI): Neutral
Moving Averages:
50-period: ₹1,385.28 — Negative
100-period: ₹1,368.32 — Negative
200-period: ₹1,260.96 — Positive
Moving Average Convergence Divergence (MACD): -14.67 — Negative
Stochastic Oscillator: 39.95 — Neutral
📈 Market Sentiment
Pivot Points:
Resistance: ₹1,327.20
Support: ₹1,305.85
📅 Outlook
Bullish Scenario: A breakout above ₹1,327.20 could signal a move toward ₹1,350.00.
Bearish Scenario: A drop below ₹1,305.85 may lead to further downside.
Overall Bias: Neutral, with mixed signals from moving averages and momentum indicators.
MSFT 1D Time frameMarket Snapshot
Current Price: ~$498.41
Daily Change: +0.23 (≈0.05%)
Market Cap: ~$2.79 Trillion
P/E Ratio: ~28.9
EPS: ~12.93
🔎 Technical Indicators
RSI (14-day): ~41 → Neutral, leaning slightly bearish.
MACD: –2.7 → Negative but giving a weak buy crossover signal.
Williams %R (14-day): ~–74 → Suggests a possible rebound (buy).
CCI (14-day): ~–108 → Oversold zone, buy indication.
ADX (14-day): ~20.6 → Weak trend strength.
ROC (Rate of Change): –3.5 → Mild bearish momentum.
📈 Moving Averages
5-day MA: Below current price → Bearish short-term.
20-day MA: Below current price → Bearish.
50-day MA: ~$509, above price → Acting as resistance.
100-day MA: ~$476, below price → Supportive.
200-day MA: ~$443, below price → Long-term uptrend still intact.
🔧 Support & Resistance
Support Zone: ~$491 – $497
Resistance Zone: ~$500 – $510
📅 Outlook
Bullish Case: If MSFT climbs above $509–510, momentum could extend toward new highs.
Bearish Case: A break below $491 may lead to a pullback toward $480–485.
Overall Bias: Neutral to slightly bearish in the short term, but long-term bullish trend remains intact above the 200-day MA.
BTCUSDT 2Hour Time frameBTC/USDT 2-Hour Snapshot
Current Price: $112,349.00
Change: -0.29% from the previous close
Intraday High: $112,891.00
Intraday Low: $110,812.00
🔎 Technical Indicators
Relative Strength Index (RSI): Neutral
Moving Averages:
7-period MA: $112,376 (short-term support)
25-period MA: $111,484 (medium-term support)
99-period MA: $113,049 (short-term resistance)
📈 Market Sentiment
Pivot Points:
Resistance: $113,650
Support: $108,666
📅 Outlook
Bullish Scenario: A breakout above $113,650 could signal a move toward $120,000.
Bearish Scenario: A drop below $108,666 may lead to further downside.
Overall Bias: Neutral, with mixed signals from moving averages and momentum indicators.
WIPRO 1D Time frame📊 Wipro Daily Snapshot
Current Price: ₹256.50
Change: Up 2.97% from the previous close
Volume: 804,499 shares traded, significantly higher than the 50-day average of 369,496
MarketWatch
🔎 Key Levels
Resistance: ₹253.70 (short-term)
Support: ₹239.55 (short-term)
52-Week High: ₹324.55 (January 23, 2025)
52-Week Low: ₹239.55 (recent support level)
📈 Technical Indicators
RSI (14): Approximately 75 — indicates overbought conditions
MACD: Positive — suggests upward momentum
Moving Averages: Trading above 5-day (₹255.97), 50-day (₹248.47), and 200-day (₹247.12) SMAs — bullish trend
Stochastic Oscillator: Indicates overbought conditions
ADX: Approximately 17.49 — suggests a weak trend strength
Top Stock Research
📌 Market Sentiment
Catalysts: Positive market sentiment, with Wipro outperforming key competitors like HCL Technologies and Tata Consultancy Services in recent sessions
MarketWatch
Sector Performance: IT sector showing strength, with Wipro leading gains among peers
📅 Outlook
Bullish Scenario: Sustained trading above ₹253.70 could lead to a push toward ₹277.65 (long-term resistance)
Bearish Scenario: A drop below ₹239.55 may test support around ₹234.20 (mid-term support)
Bitcoin EMA update - Big day today ?This chart uses the EMA, Simple Moving Average
Red = 50, Blue = 100, Green = 128, Yellow = 200
Today, PA is once again up against the 50 EMA that has become resistance.
This is just below the important level that would allow us to make a higher high if PA breaks through.
A Higher High is made if we rise above 113452
We can see that the 100 SMA is also now on a local line of support.
So it is decision time for PA today.
To remain in an ever decreasing area, a squeeze, or Break out above the 50 ( 112967 ) or fall below the 100 ( 110831 ) and the local support.
As you can see, this is a very tight range
This is continued with the 128 SMA at
109134
A Lower low is made if we drop below 107165
Daily MACD still rising Bullish
This is only just and not really showing to many sighs of a "Surge". The Histogram is green but is we look bak, we can see a similar rise in Mid August that failed to continue.
However, It has room to move higher when ready, by a substantial margin.
The 4 Hour PA charts shows ua how the Bulls have been at work
PA continues to besandwiched between the 200 EMA and the 50.
If this pattern continues, we can expect to see PA rejected today by the 200 EMA and return to the 111200 area.
The 4 hour MACD
The Histogram shows us the hesitancy of PA. This is nit such a bad thing PA seems to be waiting, maybe for the FED on 17th.
I am not sure that PA can continue this long and I feel a reaction will be made prior to this date.
This may be a Dip lower, A LONG destroyer just before we see a move higher,, should the FED lower rates.
But trying to predict BTC Moves is foolhardy...............
Today will certainly give us an idea of future direction........
Bitcoin Daiy SMA UPDATEThis chart uses the SMA, Simple Moving Average
Red = 50, Blue = 100, Green = 128, Yellow = 200
The weekend was calm and very low trading.
PA is ranging along the 100 SMA and sitting, waiting.
PA has the potential to move in either direction right now but the Bulls are certainly present, Keeping PA static.
Daily MACD remains Bulish with room to move higher, Histogram is Green
On the shorter term 4 hour, we can see how the 50 SMA is supporting PA while the 100 is currently the line to cross at 111582
PA has support below and is avobe the VRVP POC ( red dots )
Shorter term certainly appears more Bullish
The 4 hour MACD also shows this
The MACD came down and tested neutral line as support and the Histogram here is alo Green.
But understand, this does NOT guarantee a rise further.
The lines of Resistance abive are growing.
Currently, beginning aroun 113K
The Blue line on the Daily chart is the ultimate Goal to be crossed.
This is a LONG Term line of resistance that has rejected EVERY ATH since 2011.
It is the only line that has done this and what is important to know, this is a Calculated Arc, part of a Fibonaccj Spiral ( as explained in a previous post)
This is the Bigger picture, PA from November 2009, the year after Bitcoin Was born
As you can see, PA is being Sqqueezed and HAS to react before January 2026 or face stiff rejection below that Long Term line of support ( dashed line)
What ever happens, this IS the beginning of a New Era, Cycle of Bitcoin.
And this is why we need to pay so much attention to Bitcoin right now.
We MUST rise above that blue Arc of resistance....
And Curently, we are HERE....shown in the chart below.
This is a daily chart from November 2024
PA has been trying to get above this blue Arc since then.
And we are right under it again now,
Target price to get to and hold Above this Blue Arc is around 117K
We may wait till the FED tells us its decision on interest rates this month.
HBARUSDT 1H Chart Analysis | Bullish Structure in PlayHBARUSDT 1H Chart Analysis | Bullish Structure in Play
🔍 Let’s break down the recent price action for the HBAR/USDT perpetual contract and outline the roadmap for potential bullish continuation.
⏳ 1-Hour Overview
The 1-hour chart shows HBAR recovering from a strong demand zone near $0.21100, pushing upward with notable momentum. Price action is now challenging immediate resistance at $0.22372, with higher levels at $0.22824 and $0.23743 presenting the next bullish targets.
🔺 Long Setup:
A decisive close and hold above $0.22372 could fuel further upside, targeting the $0.22824 resistance next. Sustained bullish volume and higher lows may pave the way for an extension up to $0.23743, aligning with the drawn projection path.
📊 Key Highlights:
- Strong defense of the $0.21100 support region led to a sharp rebound.
- Immediate resistance stands at $0.22372, with the bullish path mapped toward $0.22824 and $0.23743.
- Volume spikes on upward candles indicate increasing buyer interest and potential for trend follow-through.
🚨 Conclusion:
HBARUSDT is building a bullish structure above local support, with momentum favoring continued upside if $0.22372 flips into support. Watching volume and reaction at key resistance areas remains crucial for confirming the next leg higher.
$API3 is encountering resistance **$API3 is encountering resistance at the upper trendline of its descending broadening wedge pattern.**
` Here's a quick refinement for clarity and precision, keeping the structure intact:`
1. **Confirm the Pattern**: Identify the descending broadening wedge on API3’s chart, characterized by lower highs and lower lows with diverging trendlines widening downward.
2. **Await Breakout Confirmation**: Wait for a decisive close above the upper trendline, supported by high trading volume, to validate a bullish breakout.
3. **Plan Entry and Stop-Loss**: Enter a long position post-breakout; set a stop-loss below the lower trendline or recent swing low to protect against reversals.
4. **Define Profit Targets**: Calculate the wedge’s height at its widest point or use nearby resistance levels to establish realistic profit targets.
5. **Control Risk**: Limit risk to 1-2% of your capital per trade, using indicators like RSI or MACD to confirm breakout strength and avoid false signals.
These points provide a clear, actionable framework for trading API3’s descending broadening wedge.
Quick Bitcoin Daily SMa update - PA getting rejected
As you can se, PA is getting rejected off the 50 SMA ( red)
If this rejection is confirmed, this could create a double Top and may push PA back down to create a Lower Low.
Watch this closely, it could turn if the bulls step in.
Just be Very cautious right now.
oshorter term 4 hour MACD is showing us that MACD did cross above the signal line however, this could turn down quickly as it did over on the left of the chart
Caution is advisable
Bitcoin to $500K by 2028–2030Institutional Adoption, Scarcity, and the Devaluation of the Dollar
The question of whether Bitcoin could reach the half‑million mark within the next five to seven years is increasingly debated among investors, economists, and institutions alike. While such projections still carry uncertainty, several converging trends suggest that a $500,000 valuation for Bitcoin by 2028–2030 is within the realm of possibility. These drivers include the rapid pace of institutional adoption, Bitcoin’s fixed supply, its growing narrative as a store of value, the potential role of national reserves, and a macroeconomic backdrop defined by inflation and dollar devaluation. Additionally, the long‑term holding behavior of Bitcoin investors has reduced circulating supply, further amplifying the scarcity effect.
1. Institutional Adoption via ETFs and Beyond
The approval and growth of Bitcoin exchange-traded funds (ETFs) in major financial markets mark a watershed moment in the asset’s mainstream acceptance. These vehicles simplify access for institutional investors that were previously constrained by custody and regulatory hurdles. Pension funds, endowments, and sovereign wealth funds are now able to allocate to Bitcoin through regulated channels.
As demand from professional investors grows, the inflows through ETFs act as a continual buy‑side force. Unlike speculative retail buying sprees of previous cycles, institutional allocations are more structured and long‑term oriented, potentially anchoring a more stable demand floor. This steady absorption of supply is expected to become one of the strongest catalysts for Bitcoin price growth this decade.
2. Fixed Supply: The Scarcity Engine
Bitcoin’s most unique feature is its hard‑coded supply cap: only 21 million coins will ever exist . This mathematical certainty contrasts starkly with fiat currencies, where central banks can expand money supply indefinitely. Halving events, which reduce the block rewards of mining BTC roughly every four years, further accelerate scarcity.
By 2030 , the annual mining of Bitcoin will be minuscule compared to today, limiting fresh supply even as institutional demand scales up. In classical economic terms, a growing demand against a fixed or declining supply can only result in upward price pressure.
3. Store of Value in an Inflationary World
The past decade has demonstrated how inflation and monetary expansion distort asset markets. As governments print more money to finance debt and expenditures, investors increasingly seek hedges against the erosion of purchasing power. Historically, gold has played this role.
Bitcoin, with its transportability, divisibility, verifiability, and digital-native characteristics, is now increasingly seen as a modern alternative or complement to gold. If Bitcoin even partially captures the $13+ trillion gold market as a store of value, valuations well above $500,000 per coin become mathematically plausible.
4. Bitcoin as a Component of National Reserves
While still early, several nations are exploring or experimenting with holding Bitcoin in their reserves. For countries facing dollar dependency or geopolitical pressures, Bitcoin provides a neutral, censorship‑resistant reserve asset that reduces reliance on the U.S. financial system.
Should more governments follow El Salvador’s lead or allocate even a small percentage of their foreign reserves to Bitcoin, global reserve demand could represent a massive new buyer base. Even marginal allocations at a sovereign level would create outsized effects due to Bitcoin’s relatively small market capitalization compared to global reserves.
5. The Dollar, Inflation, and Asset Price Revaluation
The U.S. dollar, while still dominant, faces structural challenges: ballooning government debt, persistent fiscal deficits, and the need for monetary expansion to sustain growth. Increased money supply historically leads to currency debasement. As purchasing power erodes, asset prices, from equities to real estate to scarce stores of value like Bitcoin, tend to reprice higher in nominal dollar terms.
Thus, Bitcoin’s potential ascent to $500,000 is not solely about Bitcoin “going up,” but also about the dollar “going down.” In this sense, the milestone is as much a reflection of fiat devaluation as it is of Bitcoin adoption.
6. The Supply Dynamics: 80% Already Parked
On‑chain analytics highlight another critical factor: roughly 80% of Bitcoin supply is currently held by long‑term investors in “dormant” wallets, seldom moved or sold. This indicates that a large portion of the supply is illiquid, effectively taken off the market.
When institutions, retail newcomers, or governments try to acquire Bitcoin in size, they will be competing over the thin slice of supply available for trade. This dynamic creates a potential supply squeeze, which historically has been one of the key drivers of Bitcoin’s parabolic price advances.
Conclusion: A Plausible Milestone, But With Volatility Along the Way
Projecting Bitcoin to $500,000 by 2028–2030 is not simply speculation, it is a thesis grounded in identifiable trends: institutional adoption through ETFs, a mathematically capped supply, Bitcoin’s emerging status as digital gold, the potential for sovereign reserve adoption, and macroeconomic tailwinds fueled by dollar debasement.
However, it is important to note that Bitcoin’s journey will not be linear. Volatility, regulatory battles, and shifts in global macro conditions will shape the trajectory. Yet, the combination of structural scarcity and rising global demand makes the possibility of half‑a‑million per coin a credible long‑term scenario.
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$MSTR – Bear Flag Breakdown SetupNASDAQ:MSTR – Bear Flag Triggering Despite Crypto Strength
MicroStrategy ( NASDAQ:MSTR ) has been drifting lower even as crypto has ripped the last few months — a clear sign of relative weakness. Every rally attempt has been faded, and now the chart is setting up a clean bear flag breakdown.
🔹 The Setup:
Price is pressing the $326 trigger level on a bear flag structure.
A breakdown here opens the door to $300 for the first cover zone.
Weak price action despite a strong sector = bearish divergence.
🔹 Market Context:
The NASDAQ:QQQ is flashing distribution signals — failed breakouts in momentum names and heavy selling under the surface.
If indexes continue to weaken, NASDAQ:MSTR could accelerate to the downside as speculative money comes out.
🔹 My Trade Plan:
1️⃣ Entry: Short on breakdown through $326.
2️⃣ Target: First covers into $300.
3️⃣ Stop: Above the flag highs — no need to fight if it reverses.
Why I Like This Setup:
Relative weakness vs. crypto = red flag for bulls.
Bear flag structure + clear trigger + defined target.
Broader market weakness adds conviction.
Bitcoin Daily SMA UPDATE This daily chart uses the SMA, Simple Moving Average
Red = 50, Blue = 100, Green = 128, Yellow = 200
PA got rejected yesterday from its rise over the 100 SMA and is currently testing that as support on a Daily chart.
If that fails, we could see PA retreat down to around 108900, where we have the 128 SMA and the descending line of resistance.
This line has not been tested as support yet.
As we can see on the chart, if this rejection continues down past 107165, we will have printed a Lower high, pointing towards continued price drops. with the 200 SMA at 104348
The Daily MACD has reached up to its Signal line
This could also be a point of rejection, keep your eye on this
The 4 Hour BTC PA chart shows us more near term detail
PA is currently testing the 50 as support after getting rejected from the 128 and falling through the 100.
If this fails, we can see PA will bump into the trend line, around 108900 - 108500.
To many extents, this would be a good move providing we then found support and bounced higher as it would create a Higher Low.
The 4 hour MACD
MACD has turned down and heading towards its signal line.
This may offer support but it will continue down Bearish if PA does reach down to the trend line.
Note how the Histogram has descending sharply.
Today we must sit and wait
For me, I think we could see the 109k - 108k area tested at some point over the next few days.
Maybe sooner than later
ETH/USD: Will ETH Soar to $8,000 or Crash Below $4,000?As of September 3, 2025, Ethereum (ETH) is trading around $4,466 USD. The market is currently experiencing heightened volatility, influenced by both technical factors and broader macroeconomic developments. Ethereum reached a high of $4,954 in August before retracing to its current levels, suggesting a consolidation phase with key support around $4,200 and resistance near $4,650.
Technically, short-term trends suggest a bullish bias, but caution is advised due to recent fluctuations. The Relative Strength Index (RSI) is showing bearish divergence, indicating potential weakening momentum. A decisive breakout above $4,650 could push ETH toward $5,000, while a drop below $4,200 may lead to retesting the $4,000 support zone.
Investor sentiment is cautiously optimistic. Anticipation of potential Federal Reserve rate cuts in September has increased demand for risk assets like Ethereum. Additionally, the upcoming Fusaka upgrade is expected to enhance Ethereum's scalability and reduce transaction costs, further bolstering its appeal.
In the near term, Ethereum is likely to experience continued volatility. Traders should monitor the $4,200 support and $4,650 resistance levels closely. Looking ahead, Ethereum's long-term prospects remain strong. Analysts project that with sustained institutional interest and successful implementation of scalability upgrades, ETH could reach between $6,000 and $8,000 by the end of 2025.
Despite the optimistic outlook, Ethereum's price remains susceptible to broader market dynamics, including Bitcoin’s performance and macroeconomic factors. Investors should be prepared for potential fluctuations and consider these risks when making investment decisions. Overall, Ethereum’s market is at a pivotal point, and key technical levels and upcoming events will play a crucial role in determining its short-term trajectory.
96K --- 152K --- 76K
In a bull market Fibonacci extensions usually target the 2.618 level which is around 152,000$.
The target of the 4th internal wave of the 5th wave, which is the last upward wave, is 96,000$.
When the 5th and last upward wave ends, I expect this rising parallel channel to break down and head towards the lower Fibonacci channels.
I think Bitcoin will enter a long-term uptrend again, especially after 70,000$ levels.
* The purpose of my graphic drawings is purely educational.
* What i write here is not an investment advice. Please do your own research before investing in any asset.
* Never take my personal opinions as investment advice, you may lose your money.
BAD NEWS for Bitcoin :(. BE CAREFUL!My last Prediction was PERFECT . i know this will UPSET many bulls, but this is how the MARKETS WORK. After a strong uptrend and extreme greed environment, its time for Bitcoin to CORRECT and have strong PULLBACK. Look at the channel and trendlines, I expect bitcoin to reach a price of 100k/96k in the coming weeks. That will be a GOOD BUY opportunity. BE CAREFUL AND STAY WISE.
See My Previous PERFECT prediction:
BINANCE:BTCUSD COINBASE:BTCUSD CRYPTO:BTCUSD OKX:BTCUSD
BTC correction august/septemberBTC has reached overbought territory, there is also bearisch divergence. It also didnt go above 123k anymore. i expect a correction in august/september.
dont chase FOMO, be prepared. Nothing goes in a straight line. there are always corrections.
CRYPTO:BTCUSD BINANCE:BTCUSD CME:BTC1! BINANCE:BTCUSDU2025